The Army got N1,008.84 trillion as budget releases between January 2019 and this year’s first quarter, Finance, Budget and National Planning Minister Hajiya Zainab Ahmed told the Senate on Tuesday.

Mrs. Ahmed made the revelation when she appeared before the Senator Mohammed Ali Ndume-led Senate Committee on Army.

Citing a letter from the Chief of Defence Staff last week, Ndume said the military authorities complained that they had a shortfall of over N50 billion as far as fund releases from the Finance ministry was concerned.

Ahmed, however, gave the breakdown of how her ministry disbursed N1,008.84 trillion to the Army in the past two years as follows: N129.69 billion (Capital Expenditure); N39.76 billion (Overhead Cost); N681.79 (Personnel Cost); and N157.6 billion (Special Releases).

She said that the ministry has been “responsible and responsive” in providing funds for the Nigerian Army.

Mrs. Ahmed said: “The Ministry of Finance and National Planning, and indeed, the President, priorities are given to funding for the Armed of Forces of Nigeria.

temitope27:
where is buratai

bolaayenimo:
ambassador at large

Esseite:
Yet Burutai was appointed an ambassador by the one person that should have probed him while evading every means to account for such fund disbursement..

Simplyleo:
Based on the population of Nigeria, the size of the Nigerian Army and the ongoing insurgency across the country, that is grossly insufficient by any standard. Nigeria is indeed poor, forget the hype. The dominant source of national income is crude oil, nothing else.

Oil alone cannot sustain this country with a population hovering around 200m. Any idiot can do the simple arithmetic and tell me what every soul is entitled to from the gross earning.

Nigeria's annual budget is still less than 15 trillion, pls what will that amount do for over 200m people? Infact, let's assume 15t is to be shared physically, that is around 75k per head per annum.

US with a population of about 250m has annual budget in the excess of $2 trillion.

No one should quote me because I don't respond to bunkum from illiterates.

bolaayenimo:
Triilions in just 28 months real cashout. this one pass Betnaija, Baba Ijebu, Betking, Betway and Nairabet combined